Economics - Study Mode
[#1176] Which one of the following is not a function of the new issue market:
Correct Answer
(D) Administration of Securities
[#1177] Which one of the following is not an assumption of the theory of revealed preference developed by P. A. Samuelson?
Correct Answer
(C) Consumer always behaves rationally to maximise his satisfaction from a given income
[#1178] If a seller faces a demand curve $$p = 16 - frac{1}{{sq}},$$ xa0 then marginal revenue will be:
Correct Answer
(A) 16
[#1179] In an indifference curve/budget line diagram, at consumer equilibrium, the slope of the budget line
Correct Answer
(C) Equals the slope of the indifference curve
[#1180] Which of the following goods or services will not be provided by a free trade economy?
Correct Answer
(C) National security